Overview
Are you a Lincoln, Missouri resident looking to save money on your electricity bills? Installing solar panels on your home could be the answer you’ve been searching for. By analyzing weather data and electricity costs specific to Lincoln, we can show you just how much money you could save by switching to solar power. With a breakdown of the cost of a solar system and an estimate of the payback period, you’ll see the financial benefits of making the switch to solar energy.
Lincoln Missouri Weather Trends
Lincoln Precipitation
With Lincoln, Missouri receiving 47.09 inches of precipitation in the last year, it falls slightly below the national average of 50.61 inches. Compared to the rest of Missouri, Lincoln’s precipitation levels are right around the state average of 47.04 inches. By harnessing the power of solar energy, residents can utilize the sunshine during dry spells to generate electricity, reducing their reliance on traditional power sources.
Lincoln’s UV Rating
Lincoln, Missouri boasts an average UV rating of 4.71, ranking it higher than both the national average of 4.29 and the state average of 4.59. Additionally, the city’s average max UV rating of 5.18 places it well above the national average of 4.61. With ample sunlight available, installing solar panels can efficiently convert this abundant resource into cost-effective and environmentally friendly electricity for residents.
Lincoln’s Cloud Cover
With an average of 38% cloud cover over the last year, Lincoln, Missouri enjoys clearer skies compared to the national average of 44.46%. While the state’s average cloud cover is slightly lower at 39.07%, Lincoln’s 154 clear days with minimal cloud cover provide ample opportunities to harness solar energy efficiently. By taking advantage of sunny days, residents can maximize their solar energy production and reduce their reliance on grid electricity.
Lincoln Missouri Electricity Costs
Residents of Lincoln, Missouri pay about $0.11/kw for electricity, which is right in line with the state average. However, it is slightly below the national average of $0.13/kw, indicating that there is potential for cost savings by switching to solar energy. By investing in a solar panel system, residents can lock in their electricity costs and reduce their reliance on fluctuating utility rates, ultimately saving money in the long run.
When could you expect to break even on a solar installation in Lincoln Missouri?
Considering the weather and electricity costs in Lincoln Missouri, let’s break down the investment in solar panels and see how long it would take to make up the initial cost.
First, let’s look at the weather data:
- Lincoln Missouri receives slightly less precipitation than the national average, making it a suitable location for solar panels.
- The UV ratings in Lincoln Missouri are higher than the national average, which is great for generating solar power efficiently.
- Cloud cover in Lincoln Missouri is lower than the national average, with a good number of sunny days throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lincoln Missouri pay slightly less for electricity compared to the national average.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000.
- This system is expected to last between 25 and 30 years.
To find out how long it would take to break even on this investment, we need to calculate the annual savings from using solar power. Here’s how:
- The system generates electricity, reducing the amount needed to be purchased from the grid.
- With Lincoln Missouri’s electricity rates, the savings will gradually add up over time.
After analyzing the data, it looks like it would take approximately 6-7 years to cover the initial cost of the solar panels. This means that after 6-7 years, the money saved on electricity bills will begin to offset the investment. Considering that solar panels last for a long time, you will enjoy those savings for many years beyond that initial period. It’s a wise financial decision and contributes to a greener environment simultaneously!
Investing in solar power in Lincoln Missouri
Switching to solar energy in Lincoln, Missouri can be a smart financial choice for residents looking to save money on their electricity bills. With favorable weather conditions and slightly lower electricity costs than the national average, investing in solar panels can lead to significant savings over time. By harnessing the power of the sun, residents can not only reduce their reliance on traditional power sources but also contribute to a greener environment. With an estimated payback period of 6-7 years, the long-term benefits of solar energy make it a wise investment for Lincoln, Missouri residents.